KY Changes Tax Rate Computation Date and Taxable Wage Base
state of Kentucky recently enacted HB5 which among other things changes the computation
date for the calculation of unemployment tax rates from September 30th to
June 30th. It also increases
the taxable wage base from $8,000 to $9,000 starting in 2012 and will increase $300
every year through 2022.
Employers Need to Know
change in the computation date will allow the agency to issue tax rate notices earlier. Agency
officials have told us they plan to issue the notices in December instead of February
or March as in previous years.
This weblog is sponsored by TALX.
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